July 19, 2019 Terry’s Tips Trade Alert   – Rising Tide Portfolio

We have become negative net delta once again:

BTC 2 COST 19Jul19 280 call (COST 190719C280)
STO 2 COST 26Jul19 285 call (COST 190719C285) for a debit of 1.90 (selling a diagonal)

BTO 2 COST 30Aug19 285 calls (COST190830C285)
STC 2 COST 30Aug19 280 calls (COST190830C280) for a credit of $2.73 (selling a vertical)

BTC 3 COST 19Jul19 280 puts (COST190719P280)
STO 3 COST 26Jul19 282.5 puts (COST190726P282.5) for a credit of $1.67 (selling a diagonal)

BTO 3 COST 30Aug19 282.5 puts (COST190830P282.5)
STC 3 COST 23Aug19 280 puts (COST190823P280) for a debit of $1.60 (buying a diagonal)

Be prepared to change this(these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry